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GEBE warns of deepening financial crisis as non-payment and hack fallout continue.

~Utility Executive says only 58.6% of customers are paying bills as ACP-SXM demands relief measures.~

 

irisarrindell19062026PHILIPSBURG:--- Four years after the cyberattack that crippled GEBE's billing and customer management systems, the utility company says it is still struggling to recover while facing mounting financial pressure from unpaid bills, unmatched customer payments, and declining collections.

Speaking during a press conference on Friday, Temporary Manager Iris Arrindell said GEBE cannot afford to suspend disconnections or reverse the controversial nine-cent tariff adjustment demanded by the Association for Consumer Protection (ACP-SXM), warning that the company is already operating under significant financial strain.

The utility company revealed that only 58.6 percent of customers paid their bills in May 2026, while 9,526 customers remain delinquent, leaving GEBE with millions in outstanding receivables.

"We need to collect what we earn," Arrindell said. "If we continue only collecting 58.6 percent of our monthly income, we will continue going downward instead of upward."

HACK STILL HAUNTS GEBE

Arrindell spent much of the presentation explaining how the March 17, 2022, cyberattack continues to affect the utility's operations.

According to GEBE, the attack compromised the company's internal servers and backups, leaving management with only a March 2021 backup and limited files saved on employee desktops. Critical customer and billing information created between March 2021 and March 17, 2022, was effectively lost.

When management assessed the damage two days later, they discovered they only had customer open balances as of February 2022, downloaded to a desktop on March 9, 2022, along with paper meter reading schedules, meter readings, bank statements, and manually generated work orders.

Faced with the task of rebuilding an entire year's worth of customer records, GEBE rejected suggestions to create temporary bills in Excel and instead hired SAP consultants to rebuild the system using available digital and paper records.

The process required thousands of customer accounts to be rebuilt manually before the information could be uploaded back into the company's SAP platform.

Complications soon followed.

According to Arrindell, January meter readings were mistakenly used instead of February readings during the reconstruction process, forcing GEBE to correct March 2022 bills for every customer.

MISSING PAYMENTS AND ACCOUNT PROBLEMS

The utility executive also disclosed that years later, it is still dealing with customer payments that cannot be properly assigned.

Many customers who paid through the banking system failed to include their contract account numbers, making it difficult for GEBE to determine where to apply payments.

"To date, we still have payments that we do not know where to apply," Arrindell said.

The company also cited ongoing challenges involving landlords collecting utility payments from tenants without forwarding the funds to GEBE, accounts remaining in deceased persons' names due to inheritance disputes, and customers moving between properties without notifying GEBE.

More than half of GEBE's customers have yet to provide updated contact information, including email addresses and telephone numbers, despite repeated requests from the company.

WATER LEAKS WRITTEN OFF

In one of the more significant revelations, GEBE confirmed that it absorbed the cost of customer water leaks through December 2024.

Arrindell said the decision was made because billing delays in 2023 and 2024 prevented many customers from becoming aware of excessive water consumption in time to address leaks.

However, she made clear that the policy had ended.

"As of 2025, we no longer stand responsible for leaks after the meter," she said.

The company also expanded payment plans beyond water leaks to help customers manage outstanding balances following the cyberattack.

Initially, customers were required to make a percentage down payment before entering payment arrangements. When that approach failed, GEBE began tailoring plans based on what customers could afford.

The result, however, was that many customers paid only their payment plan amounts, allowing current bills to continue accruing.

Today, GEBE asks customers to commit to monthly payments that cover both their current utility charges and a portion of their outstanding debt.

Customers unable to cover even their current monthly bills are referred to Social Services for financial assistance.

gebetemporarymanagers19062026DELINQUENCY CONTINUES TO GROW

Figures presented during the press conference showed that unpaid accounts have been increasing steadily since the hack.

According to GEBE:

  • 939 contracts still have unpaid balances from 2022;
  • 1,942 contracts remain outstanding from 2023;
  • 3,792 contracts remain unpaid from 2024;
  • More than 16,000 accounts have unpaid bills recorded in 2026.

Arrindell warned that failure to collect those funds is preventing GEBE from making critical investments in infrastructure and equipment.

"WE HAVE TO RESUME DISCONNECTIONS"

The issue arises as ACP-SXM has publicly called on GEBE to reconnect customers who were disconnected and reverse the nine-cent increase applied to utility bills.

Arrindell said those demands are not financially feasible under the company's current circumstances.

GEBE suspended disconnections for approximately two weeks amid growing public pressure, but the company said collections immediately declined.

"Our cash just started to go right down because no one is paying," Arrindell said.

"We have to resume. We just cannot stop."

The utility plans to increase direct communication with customers through emails, notices, and reminders before resuming normal collection and disconnection procedures.

EXPLAINING THE NUMBERS

To illustrate the company's position, Arrindell compared GEBE to an employee earning XCG 26,386 per month but receiving only 58.6 percent of that salary.

Using the analogy, she explained that GEBE effectively receives only XCG 15,462 per month while facing obligations totaling XCG 14,199 for fuel and water purchases, XCG 4,000 for operational expenses, and XCG 750 for general expenses.

The shortfall, she said, must be covered through cash flow reserves.

While GEBE currently maintains more than $40 million in cash flow and has no long-term loans, Arrindell stressed that the company's future depends on improving collections.

PREPAID METERS AND FUTURE INVESTMENTS

Officials also revealed that approximately 17,000 smart meters capable of operating as prepaid or postpaid devices have already been installed across the island.

GEBE is now working to complete the software and infrastructure required to launch a prepaid utility system, with implementation expected to begin in 2027.

The company is also continuing efforts to secure new generators through a €70 million project supported by Dutch funding, although rising global costs have reportedly created a funding shortfall that remains under discussion.

Despite the challenges, Arrindell said management remains committed to restoring public confidence and ensuring the long-term viability of the utility.

"My team and I are committed to the survivability of GEBE," she said. "We're going to do whatever it takes to get this company back up."


Amid an uncertain external environment CBCS maintains a cautions monetary policy stance.

Willemstad/Philipsburg:---  On June 18, 2026, the Centrale Bank van Curaçao en Sint Maarten (CBCS) decided to maintain its monetary policy stance unchanged. This decision reflects two considerations. On the one hand, the monetary union continues to benefit from a strong external position, with gross official reserves providing more than five months of import coverage. On the other hand, the ongoing uncertainty surrounding developments in the Middle East and their potential spillover effects on commodity and financial markets, as well as resulting implications for the monetary union, warrant a cautious approach. Given these divergent developments, the decision is to remain consistent with the U.S. Federal Reserve's (Fed) June decision to maintain the target range for the federal funds rate unchanged. In the current environment, the CBCS will continue to closely monitor domestic and international developments and will adjust its monetary policy stance if necessary.
Despite a more challenging global landscape and increased market volatility, gross official reserves have continued to increase strongly in 2026. Following a rise of Cg 402.4 million in 2025, gross official reserves further increased by Cg 485.0 million through June 1st, 2026. As a result, import coverage has remained comfortably above the three-month benchmark, reaching 5.5 months by the end of May 2026. The external position is expected to remain solid throughout the remainder of the year, with the import coverage projected at 5.3 months at year-end and gross official reserves expected to increase by Cg 302.2 million over the course of 2026.
Notwithstanding the monetary union’s solid external position, the outlook remains subject to substantial risks, particularly on the external front. The conflict in the Middle East continues to pose risks to global supply chains and trade routes, leading not only to higher energy prices but also, potentially, to increased insurance premiums and freight costs. Although the recently announced framework agreement between the United States and Iran may reduce these risks and result in lower-than-anticipated average oil prices, the situation remains fragile and uncertain. In an environment of elevated geopolitical risks, international oil prices could remain high for an extended period, increasing the monetary union’s import bill and exerting pressure on gross official reserves through higher foreign exchange outflows.
In addition to developments in the Middle East, ongoing geopolitical tensions, including the war in Ukraine, continue to contribute to global uncertainty. Furthermore, uncertainty surrounding global trade policies, with ongoing tariff disputes and legal challenges, reduces predictability and weighs on investment and economic activity. At the same time, renewed inflationary pressures stemming from higher commodity prices could prolong restrictive monetary policy in the United States, with potential repercussions for global financial conditions and economic growth.

These risks warrant a cautious monetary policy stance and support maintaining the CBCS's policy in line with the Fed's, given the peg of the Caribbean guilder to the U.S. dollar. On June 17, 2026, the Fed left its target range for the federal funds rate unchanged at 3.50% to 3.75%, citing persistent inflationary pressures and heightened uncertainty surrounding the economic outlook. Against this backdrop, the CBCS decided to keep its pledging rate unchanged at 4.25%, thereby maintaining a spread of 50 basis points above the federal funds rate.
Finally, the CBCS maintained the reserve requirement percentage at 18.50%, given the persistent excess liquidity in the banking system. It will also continue to offer attractive rates on its weekly auctions of certificates of deposit (CDs) to encourage banks to retain excess liquidity domestically, thereby safeguarding the monetary union’s foreign exchange position. These policy decisions are supported by the monetary union’s solid foreign exchange position and reflect a prudent, forward-looking approach in an uncertain global environment.

 


Willemstad, June 19, 2026
CENTRALE BANK VAN CURACAO EN SINT MAARTEN

 

 

Kadaster introduces dedicated email contacts to improve customer service.

PHILIPSBURG:---  Kadaster St. Maarten has introduced dedicated email contact addresses to make it easier for customers to access services, obtain information, and receive timely assistance. The new contact channels are designed to ensure that inquiries, requests, and feedback are directed to the appropriate department, allowing for more efficient handling and improved customer service.

Registry Services
Customers seeking assistance with registry-related matters are encouraged to contact: This email address is being protected from spambots. You need JavaScript enabled to view it..
This email address can be used to submit applications and service requests; request information regarding registry services; obtain assistance with registry-related matters; and follow up on pending requests.

Information and Appointments
For general information and appointments, customers may contact: This email address is being protected from spambots. You need JavaScript enabled to view it..
This email address can be used to: schedule appointments; submit general inquiries; request information about Kadaster services; and direct questions, comments, or concerns to management.

Customer Feedback and Complaints
Kadaster St. Maarten remains committed to continuous improvement and welcomes customer feedback. Customers who wish to submit a complaint or share feedback regarding services received may contact: This email address is being protected from spambots. You need JavaScript enabled to view it..
This email address may be used when a customer is dissatisfied with the service received; a request submitted through the Registry has not been answered within a reasonable timeframe; or a customer wishes to provide feedback to help improve service delivery. All complaints and feedback will be reviewed and addressed in accordance with Kadaster St. Maarten’s customer service procedures.

Providing accessible, responsive, and professional service remains a priority for Kadaster. These dedicated email addresses will help ensure that inquiries and requests reach the appropriate department more quickly, allowing Kadaster to serve the public more efficiently and effectively. Customers are encouraged to use the appropriate email address to help facilitate the timely handling of their inquiries and requests. For additional information about these contact upgrades, please contact This email address is being protected from spambots. You need JavaScript enabled to view it..

VROMI Minister Gumbs Receives Housing Development Plan for Belvedere.

patricegumbs18062026PHILIPSBURG:---  Sint Maartener Dejon Daly, a student at the Breda University of Applied Sciences, submitted his final thesis to the Ministry of VROMI, concluding his six-month internship.

Dejon’s thesis, ‘Entitled Resilience through Spatial Design’, presents scenarios for the development of Belvedere North, which the Government purchased earlier this year. Daly and the Minister worked closely in formulating his research question: “How can urban design interventions empower Sint Maarten communities to build and maintain hurricane resilience through strategic public space, infrastructure, and neighborhood design?”

He was given access to develop the recently purchased Belvedere parcel, meeting with several stakeholders throughout the Ministry of VROMI including the Policy, Infrastructure, and New Works Departments as well as the Ministry of VSA, and the St. Maarten Housing Development Foundation.

In his thesis, Daly’s scenarios focus on solutions that work with rather than against the natural environment. He places strong emphasis on factors like community, natural light, wind, and drainage and developed a most resilient scenario that includes apartments, including for vulnerable groups, townhomes, single-family homes, as well as a community center, and a cemetery.

The Ministry will use Mr. Daly’s thesis as the basis for the development of the new Belvedere housing project.

Mr. Daly expressed his gratitude, recalling his experience as a great honor and thanking all those who helped make this project a possibility. “I am happy I was given the opportunity to use the knowledge I’ve gained and also learn even more while with the Ministry, especially the local context”.

Minister of VROMI Patrice Gumbs stated, “I am immensely proud of the quality of work and analysis undertaken by Mr. Daly in support of the Government’s mission. Together with the establishment of the mortgage guarantee fund, and the enhanced relationship with the housing foundation, we are well underway to building safe, affordable, and quality housing for our Sint Maarten communities” 

Mr. Daly returned to the Netherlands last week and will be defending his thesis today, Friday June 18th 2026.

ODM Calls on Construction Sector to Ensure Building Sites are Storm-Hurricane Ready.

eocmeeting18062026PHILIPSBURG (DCOMM):---  The Ministry of General Affairs' Office of Disaster Management (ODM) is calling on contractors, builders, developers, and trenching and excavation companies to ensure that comprehensive storm-ready plans are in place for the 2026 Atlantic Hurricane Season.

The first named storm of the season, Arthur, formed on Wednesday near the coasts of the U.S. state of Texas; however, it has since dissipated.

With construction activities taking place across the country, ODM is emphasizing the importance of securing building sites and construction materials in advance of any tropical storm or hurricane threat. Building materials, equipment, and construction debris left unsecured can pose significant risks to public safety and property during severe weather conditions.

Contractors and site managers are reminded that all construction, trenching, and excavation sites should be capable of being secured within 48 hours of a tropical storm or hurricane threat. Advance planning is essential to ensure that appropriate actions can be taken quickly when watches or warnings are issued.

Construction materials such as plywood, zinc sheeting, shingles, lumber, scaffolding, and other loose items can become dangerous airborne projectiles during high winds. These materials have the potential to cause extensive damage to homes, businesses, vehicles, and critical infrastructure, while also posing a serious threat to life and safety.

ODM urges all construction site supervisors, foremen, and project managers to review their hurricane preparedness procedures and ensure that all personnel understand their responsibilities in the event of severe weather. Preparedness plans should apply to projects of all sizes, from residential homes to large commercial developments.

As a standard practice throughout the hurricane season, construction sites should be kept organized and free of unnecessary debris. Contractors are encouraged to arrange for the timely removal of discarded materials such as old zinc sheets, wood, and other waste products, while limiting the amount of construction supplies stored on-site to only what is required for immediate operations. Construction equipment and machinery should also be secured appropriately.

ODM further advises that any planned deliveries of construction materials should be postponed if a tropical storm or hurricane is forecast to affect Sint Maarten within 48 hours. Once a tropical storm or hurricane watch has been issued, contractors should begin implementing site security measures, including the removal or securing of scaffolding, construction materials, tools, and equipment. Cranes and other heavy machinery should be secured according to established safety procedures.

Subcontractors should also be notified of their responsibilities to secure or remove their own materials and equipment from project sites. Work activities that could be damaged by adverse weather conditions, such as window installations, landscaping, or house wrap applications, should be suspended. Priority should instead be given to tasks that reduce storm-related risks, including concrete work, enclosing structures, and filling open excavations where feasible.

ODM advises contractors not to delay preparations until the last minute. Once a tropical storm or hurricane watch is issued, site inspections should be carried out promptly to identify and address potential hazards. Early action allows contractors and employees sufficient time to secure their homes and make final personal hurricane preparations for their families.

Following the passage of a storm or hurricane, contractors and builders should only return to project sites after the Emergency Operations Center (EOC), under the direction of the Prime Minister of Sint Maarten, has issued the official All Clear. At that time, damage assessments and clean-up activities may commence in accordance with safety guidelines.

The Office of Disaster Management stresses that hurricane preparedness is a shared responsibility. Proactive planning and timely action by the construction sector can significantly reduce storm-related damage and contribute to the safety and resilience of the community during the 2026 Atlantic Hurricane Season.

The community is urged to learn more about hurricane hazards and resources you need on how to prepare your family, home, or business for a storm/hurricane strike by visiting the Government website: www.sintmaartengov.org/hurricane where you will be able to download your “Hurricane Season Readiness Guide’ and “Hurricane Tracking Chart.” The information here is also valuable for new residents.

Listen to the Government Radio station SXMGOV – 107.9FM - for official information and news before, during and after a hurricane. You can also follow weather related news and information as well as national addresses by the Prime Minister, chairperson of the Emergency Operations Center (EOC) by going to @SXMGOV Facebook Page.

For official weather-related information, check out the website of the Meteorological Department of St. Maarten (MDS): www.meteosxm.com or visit their social media page Facebook.com/sxmweather/

Remember, it only takes one hurricane to make it a bad season.  Be prepared!


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